DataRoom AM: Transurban's fast lane

Cross City Tunnel could be the start of a Transurban spending spree, while Dexus is set to be the largest office landlord in the country.

Transurban Group has jumped into the box seat to gain control of the Cross City Tunnel and it may just be the start of a spending spree for the ASX-listed toll road operator. It is also keen to make a multi-billion dollar play for a major toll road operator in Queensland.

Meanwhile, Dexus Property Group has all but wrapped up a buyout of the Commonwealth Property Office Fund, with the deal getting tongues wagging about the possibility of Australand to be the next takeover target.

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